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Plots the dynamic support/resistance, based on the Hull Moving Average, and Higher High/Lower Low.
Description
This indicator plots dynamic support and resistance lines on the price panel.
To Import
1. Download the attached file to your desktop
2. …
After all, it's what you learn AFTER you know it all, that counts!
The one in the downloads section is the one that looks like the first chart you posted. It was written for NT6.5, but also works in NT7.0.
The one I posted a picture of, is my modified version (WizDynamicSR), that has the addition of a mid-line (difference between S & R) drawn in the middle of the indicator. That's about the only difference.
Put 2 occurrences of it on your chart. Set both to Period=1. Set one to a Displacement of 0 and set the other one to a displacement of 2 and the DynamicSR on you're chart will look like the one that I posted (with the exception of the mid-line).
After all, it's what you learn AFTER you know it all, that counts!
